7, LONG LANE CLOSE, HOLBURY, SOUTHAMPTON, SO45 2LE - £427,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 LONG LANE CLOSE is a large detached house of 119m², built sometime between 1976 and 1982. It was last sold for £427,000 in October 2022, which was around 28% below the average October 2022 detached price in the New Forest local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

7 LONG LANE CLOSE Sold Prices

Land registry data shows four sales for 7 LONG LANE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 7 LONG LANE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 14 OCT	£427,000	£594,062	28% below HPI
2009 13 AUG	£237,000	£312,727	24% below HPI
2006 4 AUG	£243,500	£316,848	23% below HPI
1998 2 APR	£110,000	£130,924	16% below HPI

7 LONG LANE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 7 LONG LANE CLOSE sales between April 1998 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 LONG LANE CLOSE?

7 LONG LANE CLOSE is 119m² according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses by size in Holbury, and where 7 LONG LANE CLOSE lies on this distribution: 77% of detached houses are smaller than 7 LONG LANE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Holbury.

7 LONG LANE CLOSE: Plot and Title Map

7 LONG LANE CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 7 LONG LANE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 LONG LANE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 LONG LANE CLOSE?

7 LONG LANE CLOSE is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 7 on LONG LANE CLOSE.